Xinghua Accounting Firm's Risk Research On IPO Audit Of XT Company

The rapid development of the securities market is the result of the continuous improvement of the economy and the expansion of enterprises.The consequent financing demand is a practical problem facing the enterprise.More and more enterprises choose to embark on the IPO road.The constant exposure of fraudulent listings has raised questions about the professionalism of the audit industry.The improper audit opinion of the certified public accountant will not only be severely punished by the CSRC,but also gradually lose the trust of the people,which will be a fatal blow to the audit industry.Therefore,the certified public accountant should pay attention to the audit risk comprehensive preventive measures,improve the audit quality,save the industry image.First of all,this paper introduces the concept of audit risk,the related theory of audit risk and the evolution of the three stages of audit risk model.This paper analyzes the causes of common audit risk and the definition of IPO.Secondly,this paper introduces the process of IPO audit for XT company by xinghua accounting firm.According to the characteristics of IPO audit,the new audit risk model is constructed and the audit risk evaluation index is established.Affecting the audit risk by using the method of expert scoring of each index were evaluated,and using the analytic hierarchy process(ahp)to determine the weight of the indexes at all levels,and the fuzzy comprehensive evaluation method to calculate the comprehensive audit risk.Again,according to the fuzzy comprehensive evaluation assessment results,from the build of every evaluation index of audit risk model,combined with the auditing principles,detailed combing the whole audit process,of XingHua's audit in the process of audit risk are analyzed.Finally,according to the above case analysis of various influence factors of audit risk,from the three aspects of audit risk model is put forward in dealing with the certified public accountants audit risk should be pay attention to the place and the effective preventive measures,to later in the process of the certified public accountant in the audit practice.